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. >> reporter: just a couple miles in the pentagon, many of the people here work directly for the defense department and it's contractors. the defense industry is facing $125 billion of direct -- in addition several key tax ben fis are scheduled to expire at the end of the year that will have a direct impact on the pocket books of many americans. take a couple with one child in new york earning $100,000. their tax rate jumps from 25% to 28%. they could be hit by the alternative minimum tax. the child tax credit drops from $1,000 to $500 and payroll taxes could be $2,000 more next year. for a single 25-year-old in michigan who works full-time earning $30,000 a year going to school part-time, his tax rate would stay the same at 15%. but he would lose the american education tax credit and have to pay more than $600 in payroll taxes. and even though it's weeks before the changes would take effect the impact is already being felt because of uncertainty. 401(k) plans are taking a hit. companies are putting freezes on hiring. and the retail sector which makes most of its money in the final weeks
. >> reporter: just a couple miles in the pentagon, many of the people here work directly for the defense department and it's contractors. the defense industry is facing $125 billion of direct -- in addition several key tax ben fis are scheduled to expire at the end of the year that will have a direct impact on the pocket books of many americans. take a couple with one child in new york earning $100,000. their tax rate jumps from 25% to 28%. they could be hit by the alternative minimum...
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>> just on the defense sector alone, you're looking at $55 billion in cuts just to the defense budget. you have to look at the ancillary part of this. you look at real estate holdings, homes that are have a close proximity to defense. >> final question for you, todd, a major confusion going on here, it's about this so-called $250,000 there are hold for house holds, does this mean that all of the first $250,000 that you make is taxed at a higher rate, or just the money above $250,000? >> it's actually your taxable income. according to irs data, you will actually see that people that are earning $250,000 actually are itemizing up to $20,000. so in other words it's your net amount after those tax deductions, once you start getting into more tax deductions, once you're earning more, you actually expect that the number will go higher than 250,000 dlrks, some exists are predicting the number is going to be upwards of $300,000. so if you're making up to 300,000 and below, there's a good chance none of these taxes are going to impact you. >>> a popular mexican-american singer is missing, she
>> just on the defense sector alone, you're looking at $55 billion in cuts just to the defense budget. you have to look at the ancillary part of this. you look at real estate holdings, homes that are have a close proximity to defense. >> final question for you, todd, a major confusion going on here, it's about this so-called $250,000 there are hold for house holds, does this mean that all of the first $250,000 that you make is taxed at a higher rate, or just the money above...
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all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we continue to face a threat elsewhere not only in pakistan, but yemen and elsewhere. we have had success against al qaeda here. i think the main challenge here is obviously to make sure there is no safe haven and the key is to secure and govern itself. those two are interlocked in terms of a mission that we have in afghanistan. >> you can hear much more from the defense secretary on erin burnett out front tonight on cnn. a satellite launched tuesday by north korea may not be in a stable orbit. north korea may not be in total control of the satellite and it's on this polar orbit at a relati
all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we...
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. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the chief of staff is often named as a potential replacement. a poll asked if he thought president obama would pick good cabinet members. 58% said they thought he would. 42% said he would not. emily schmidt, cnn, washington. >> the u.s. military wants its people to be invisible, literally. and somebody will pocket a lot of money if they can come up with the camouflage of the future. and we're not talking about leaves and sticks here, and chris lawrence reports on one scientists that can make soldiers disappear. >> reporter: camouflage could mean the difference between a soldier getting shot and going home. so a lot is riding on the next generation designed to outfit t
. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the chief of staff is often named as a potential replacement. a poll asked...
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the last thing i want to see is cuts in defense, anything at all that negatively affects the defense of this country, anything at all that negatively affects the lives of servicemen and servicewoman, those are bad things. i'm happy to write a check for more money. i don't like it. but i'm getting old anyway. i would rather give it to the government than leave it to -- than leave it to government, give it to them right now. >> you'll write the check, maybe semipainfully, but i'll write it nonetheless. >> i'll do it. >> europe's biggest bank, you heard about this, hsbc agreed to pony up close to $2 billion to settle accusations of money laundering. the senate banking committee they found that hsbc in mexico shipped $7 billion in cash, mind you, across the border, maybe turned a blind eye to where the money came from, want you to listen to neil barofsky, we had him on the show yesterday, and i asked him whether top bank officials knew they were handling drug money there. >> the notion that this wasn't something that was known on senior levels of the banks, at least they had plenty of re
the last thing i want to see is cuts in defense, anything at all that negatively affects the defense of this country, anything at all that negatively affects the lives of servicemen and servicewoman, those are bad things. i'm happy to write a check for more money. i don't like it. but i'm getting old anyway. i would rather give it to the government than leave it to -- than leave it to government, give it to them right now. >> you'll write the check, maybe semipainfully, but i'll write it...
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her defense attorney wouldn't
her defense attorney wouldn't
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and if the truth is absolute -- it is the absolute defense. >> was this only recourse? couldn't he just gone on and written a response to the response? was this his only recourse? >> sure, he could have another response, ask for it to be taken off, just ask for them to take it down. because a lawsuit is very, very expensive. and who knows at the end of the day if there will be money to pay for it? >> what does he need to do? >> he has to prove it is true or opinion. so opinions can't be defamation, i can say don lemon is a jerk, and that is my opinion, but if i said you were a convicted felon, that is not just my opinion, that is false. >> i want to read a statement we got from perez's attorney, saying she would abide by the judge's ruling, saying lawsuits can have a chilling effect on free speech. their intent is to use a lawsuit and the process of expensive legal fees to intimidate customers who have had bad experiences from sharing those with others. so what kind of precedent does it set? >> well, i have to say, most don't sue on these things, very expensive, you cou
and if the truth is absolute -- it is the absolute defense. >> was this only recourse? couldn't he just gone on and written a response to the response? was this his only recourse? >> sure, he could have another response, ask for it to be taken off, just ask for them to take it down. because a lawsuit is very, very expensive. and who knows at the end of the day if there will be money to pay for it? >> what does he need to do? >> he has to prove it is true or opinion. so...
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syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next, we're going to have a seattle city leader listen to what he said to us. and is his city ready for pot being legal? that's next. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> marijuana has gone legit. as of thursday recreational use is legal in washington state, and that
syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next,...
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what did he say in his own defense? >> i found several fire bob costas facebook pages with lots of likes. he went on the shows yesterday morning and defended himself and said that he did admit he made a mistake, that he used wrong forum to take on such a heavy-handed topic, that he should have listened to his own rule which is when you take on a topic as politically charged as gun control, leave yourself enough time to fully flush out that topic. and as we know in television, you only have so much time to talk about a certain topic. he had only about 90 seconds to discuss that topic. he broke his own broadcasting rule in taking on that topic in that forum. he also said he doesn't disagree with the second amendment, he believes people should have the right to bear arms but he believes we should change the gun culture in your country, like grabbing your keys, grabbing your wallet, grabbing your gun before you leave the house is how the culture needs to change. and the amount of people who want him to be fired for what he
what did he say in his own defense? >> i found several fire bob costas facebook pages with lots of likes. he went on the shows yesterday morning and defended himself and said that he did admit he made a mistake, that he used wrong forum to take on such a heavy-handed topic, that he should have listened to his own rule which is when you take on a topic as politically charged as gun control, leave yourself enough time to fully flush out that topic. and as we know in television, you only...
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will a defensive player ever win the heisman? >> either way, it would have been historic. freshman or first defensive player. >> right, is it for the mvp on offense in college football? >> if he doesn't win, who does? >> yeah, but he's exciting and only freshman and congratulations to johnny manziel. >> let's talk manny pacquiao found himself in unfamiliar territory on the mat in las vegas. an incredible fight. knocked out by mar qwest. with him as ring side though, another guy who knows about getting knocked out. >> yeah, he lost the biggest fight of his life in november. mitt romney was tr with his wife before the fight. before the fight, wished pacquiao well. after a furious fifth round, manuel was knocked down. it was kind of funny. according to reports, romney went up to pacquiao and said hello, manny, i ran for president, i lost. i don't think romney's loss left a mark. this one might for pacquiao who had a broken nose. loses his second straight fight. many are wondering if this is the end or if there's a rematch offering a fifth possible fight. >> so much build up t
will a defensive player ever win the heisman? >> either way, it would have been historic. freshman or first defensive player. >> right, is it for the mvp on offense in college football? >> if he doesn't win, who does? >> yeah, but he's exciting and only freshman and congratulations to johnny manziel. >> let's talk manny pacquiao found himself in unfamiliar territory on the mat in las vegas. an incredible fight. knocked out by mar qwest. with him as ring side...
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i spoke with a former senior adviser here at the department of defense who says iran has been kicking around for quite some time. >> there are rumors and stories that iran has placed some of its people in gung yang and that they're helping out at the test site. there was this rumor or belief before back in april, as a matter of fact. and it's certainly reasonable. there has been some detection of travel back and forth by engineers from iran in the past and north korean engineers to iran as well. >> reporter: so the worry isn't so much that it will just be contained with north korea but that these advances in technology could spread to other nations as well. >> and what about the timing of all of this, chris? i'm doing the math here. we're five days before the one-year anniversary of the death of his father, we're four days before parliamentary elections in japan and also before the december 19 presidential elections in south korea. is there a coincidence here or was this strategic? >> reporter: probably not. it's always tough to guess the true intentions of the north koreans, it being
i spoke with a former senior adviser here at the department of defense who says iran has been kicking around for quite some time. >> there are rumors and stories that iran has placed some of its people in gung yang and that they're helping out at the test site. there was this rumor or belief before back in april, as a matter of fact. and it's certainly reasonable. there has been some detection of travel back and forth by engineers from iran in the past and north korean engineers to iran...
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he maintains he killed trayvon martin in self-defense. >>> new details on the health of former south african president nelson mandela. four days after checking into a hospital the government says the 94-year-old is battling a lung infection. the civil rights icon has not appeared in public in more than two years. >>> here is a story to stir some taxpayer outrage, a government watchdog says mortgage giants fannie mae and freddie mac doled out huge paychecks despite being propped out with your tax money. the payout $92 million for the top 90 employees and that does not include the ceos. >>> not much time left and still no deal. the white house and congress had three weeks to reach a deal on the dispool cliff as president obama, house speaker boehner and their aides hold private talks americans wait to see if their tax rate will go up january 1st. for some without a job they risk losing unemployment. kyung lah talks with a woman who has been out of work a year while trying to raise two children. >> reporter: liz calls it a financial freefall
he maintains he killed trayvon martin in self-defense. >>> new details on the health of former south african president nelson mandela. four days after checking into a hospital the government says the 94-year-old is battling a lung infection. the civil rights icon has not appeared in public in more than two years. >>> here is a story to stir some taxpayer outrage, a government watchdog says mortgage giants fannie mae and freddie mac doled out huge paychecks despite being...
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in order to avoid a disaster, the mandatory spending cuts and domestic spending and defense spending, the mandatory increases across the board taxes from everyone if we go over that fiscal cliff, you got to compromise. there's nothing wrong with compromise. to some liberals on the far left, conservatives on the far right, compromise is a dirty word. you should never compromise with the other side. they hate that. they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to compromise and they want a deal and they want the president and john boehner, the republican leadership and democratic leadership to come up with something that avoids going over the fiscal cliff. i think that's what that poll shows. >> let me change topics for a bit. news broke just before the program that republican senator jim demint is leaving. he decided to take over the heritage foundation. i have a question for you in that was this expected? he's a staunch conservative and opponent to cra
in order to avoid a disaster, the mandatory spending cuts and domestic spending and defense spending, the mandatory increases across the board taxes from everyone if we go over that fiscal cliff, you got to compromise. there's nothing wrong with compromise. to some liberals on the far left, conservatives on the far right, compromise is a dirty word. you should never compromise with the other side. they hate that. they rather go over the fiscal cliff but the overwhelming majority of americans...
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defense of himself by trayvon martin against trayvon martin and the defense felt it was very important for the judge to look at that photograph and assess whether or not it made a difference in the innocence of, as the defense says, their client. the judge looked at the photograph but kept the rulings as we just talked about. >> you and me have more to talk about next go rornd around. that wraps it up for me. flat out of time. stay tuned. i'll pass the baton to suzanne malveaux. thanks for watching. "newsroom international" starts right now. >>> welcome to "newsroom international." i'm suzanne malveaux. we're take you around the world in 60 minutes. syria, rebels taken full control of a military base north of the key city aleppo. some rebels named by the u.s. state department terrorists. they designated a terrorist group linked to al qaeda in iraq. the department imposed sanctions. what does it mean to sort out good rebels from bad? nick paton walsh explains. >> reporter: not only look different, black flags, well armed and disciplined, they fight differently, too. using suicide tactic
defense of himself by trayvon martin against trayvon martin and the defense felt it was very important for the judge to look at that photograph and assess whether or not it made a difference in the innocence of, as the defense says, their client. the judge looked at the photograph but kept the rulings as we just talked about. >> you and me have more to talk about next go rornd around. that wraps it up for me. flat out of time. stay tuned. i'll pass the baton to suzanne malveaux. thanks...
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i was actually with the defense secretary in kandahar today. the attack was about two hours after his departure and as you said, it's unclear whether this attack was targeted at the defense secretary or not. but as you said you can it was right at the entrance to the kandahar air field. it's pretty interesting because in kandahar today, i had a chance to talk to general abrams who is the commander for the southern part of afghanistan. and he talked about this issue specifically when he was asked about the security, he said it gets better every single day. and specifically when he talked about the taliban, he said the insurgent capabilities here are pretty limited and he mentioned actually an attack that they had tried to carry out on kandahar air field that had failed. so obviously the timing on this is terrible. there are people who have you now lost their lives. but this goes against the narrative that the united states coalition force and the afghan government are trying to build, which is that this is an insurgency that is waning and on its
i was actually with the defense secretary in kandahar today. the attack was about two hours after his departure and as you said, it's unclear whether this attack was targeted at the defense secretary or not. but as you said you can it was right at the entrance to the kandahar air field. it's pretty interesting because in kandahar today, i had a chance to talk to general abrams who is the commander for the southern part of afghanistan. and he talked about this issue specifically when he was...
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defense secretary leon panetta is is in afghanistan today. he met with u.s. and afghan troops and commanders in kandahar to talk about the future of the protection force there. panetta told cnn the mission is fundamentally unchanged since it began more than ten years ago. target al qaeda everywhere. >> the mission of defeating and deterring al qaeda, i think, is well on the way towards, you know, achieving the mission with regards to afghanistan and the threat that we face here. we continue to face al qaeda, obviously, elsewhere not only in pakistan but in yemen and somalia and elsewhere. but, you know, we have had remarkable success going after special operations against al qaeda here, and we're continuing to do that. i think the main challenge here is obviously to make sure there's no safe haven for al qaeda in which to conduct aattaattac attacks but the key is afghanistan can govern itself. those two are enter locked in terms of the mission we have in afghanistan. >> hear more from secretary of defense on erin burnett "outfront" tonight at 7:00 eastern. >>
defense secretary leon panetta is is in afghanistan today. he met with u.s. and afghan troops and commanders in kandahar to talk about the future of the protection force there. panetta told cnn the mission is fundamentally unchanged since it began more than ten years ago. target al qaeda everywhere. >> the mission of defeating and deterring al qaeda, i think, is well on the way towards, you know, achieving the mission with regards to afghanistan and the threat that we face here. we...
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but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive. we should be smart about it, but we shouldn't go away. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily
but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive....
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oil exports as part of an effort to get iran to give up it's nuke program, but as for the drone, a defense official says no u.s. navy drone is missing. >>> we're about to take you live to cairo. that is where riot police are bracing now for another night of violent street fighting, tear gas all over the city today. this week crowds of egyptians have now stormed the presidential palace, breaking through fences, fighting with security forces, trying to keep them back. now, the protesters, they are furious about several things. first of all, all concerning president mohammed morsi and this growing perception that he is making himself too powerful. cnn's reza sayah is in cairo. >> opposition factions back protesting against mohammed morrissey for nearly two weeks. most of the protests have been limited to tahrir square, but they're now going to the source of their anger, president morrissey, and his presidential palace. >> why come here? >> because it's -- we got fed up. >> he doesn't respect us. he don't want to listen to our demands. >> reporter: what's your message to him by coming out here
oil exports as part of an effort to get iran to give up it's nuke program, but as for the drone, a defense official says no u.s. navy drone is missing. >>> we're about to take you live to cairo. that is where riot police are bracing now for another night of violent street fighting, tear gas all over the city today. this week crowds of egyptians have now stormed the presidential palace, breaking through fences, fighting with security forces, trying to keep them back. now, the...
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the north american air defense space said it put an object into orbit. north korea says it's a scientific satellite, but the u.s. believes the launch is a cover for testing ballistic missile technology. a senior administration official says the u.s. will wush for a u.n. security council resolution condemning the loss as well as possible sanctions. members began meeting behind closed doors about an hour ago. joining us is former new mexico governor bill richardson. gooz to see you. you're a former u.n. ambassador to the. does it concern you? >> it does concern me. my hope was that the new leader in north korea, kim jong-un, would pick a different path than his father, that he would be more moderate. i think still there's possibilities of dialogue. i'm not sure when. i think he did this for domestic reasons. the last missile launch failed. he only has one year in leadership. he wants to show his people that despite their economic problems, they have military and missile technolo technology, that they're a major power in space, militarilmilita buttress them
the north american air defense space said it put an object into orbit. north korea says it's a scientific satellite, but the u.s. believes the launch is a cover for testing ballistic missile technology. a senior administration official says the u.s. will wush for a u.n. security council resolution condemning the loss as well as possible sanctions. members began meeting behind closed doors about an hour ago. joining us is former new mexico governor bill richardson. gooz to see you. you're a...
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criminal defense attorney anne bremner joins me. this is one of those stories where we're talking abo it this morning and everybody's jaw is on the floor, the affiliate here in portland, k2, they had a loaded handgun, ran from police, were handed over to their parents. i know they're i want to say itty-bitty but apparently not so much, can you not charge them? >> it is an astonishing story. my jaw is dropping right here. you think, portland? these kids? the gun and the bullets and everything else. but they can't -- they're too young. they're so young, it is an astonishing story, but too young to charge. because they don't have the capacity to commit a crime. they don't have the requisite knowledge about their criminality, potential crimin criminality to commit a crime. so they don't go to juvie. they go to their parents. where are they going next? who knows. >> they go home to their parents, you hope their parents punish them. there is no recourse? >> that's right. at least in the criminal laws. now, under the civil laws, the parent
criminal defense attorney anne bremner joins me. this is one of those stories where we're talking abo it this morning and everybody's jaw is on the floor, the affiliate here in portland, k2, they had a loaded handgun, ran from police, were handed over to their parents. i know they're i want to say itty-bitty but apparently not so much, can you not charge them? >> it is an astonishing story. my jaw is dropping right here. you think, portland? these kids? the gun and the bullets and...